Global Oleochemicals Market Size, Trends and Growth Opportunity, By Type (Fatty Acid, Fatty Alcohol, Glycerin, and Others), By Physical Form (Powders, Needles, Liquids, Flakes, and Dispersions), By Application (Pharmaceuticals, Food & Beverages, Soaps & Detergents, Polymers, Personal Care, and Others), By Region and Forecast Till 2027.
Report ID : IR100117 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 253
Global Oleochemicals Market Size, Trends and Growth Opportunity, By Type (Fatty Acid, Fatty Alcohol, Glycerin, and Others), By Physical Form (Powders, Needles, Liquids, Flakes, and Dispersions), By Application (Pharmaceuticals, Food & Beverages, Soaps & Detergents, Polymers, Personal Care, and Others), By Region and Forecast Till 2027.
Global Oleochemicals Market
Market Overview
Global Oleochemicals Market was valued at USD 29.93 Billion in 2021 and it is expected to grow USD 34.2 Billion at CAGR 2.11% by 2027.
Oleochemicals are derived from fats found in both plants and animals. Vegetables, castor oil, soybean oil, and other natural raw materials are some of the sources of oleochemicals. Petrochemical products are replaced with oleochemicals. Increased environmental concerns are a key driver of oleochemical usage and are anticipated to drive market expansion for these products globally over the upcoming years. Oleochemicals are extensively used in several industries, including those of pharmaceuticals, food and beverage, soap and detergent, polymers, personal care, and cosmetics.
Market Drivers
The increase in the commercialization of oleochemicals or bio-based products will forecast product demand throughout the projected period. The expansion of the oleochemicals market will likely be boosted. The wide availability and low cost of oleochemicals as a result of these environmental benefits would positively affect the expansion of the global oleochemicals market. Depletion of global fossil fuels and resources is another key problem that has led to the installation of strict policies and regulations. High demand for oleochemicals globally is anticipated to drive the growth of the global oleochemicals market. Moreover, a rise in demand for oleochemicals in the food, cosmetics, and personal care product sectors is anticipated to fuel market expansion.
Market Restraints
The main market restraints that are anticipated to slow the growth of the global oleochemicals market are the high prices of biofuel brought on by government laws and guidelines.
Market Segmentation
Global Oleochemicals Market is segmented into type such as fatty acid, fatty alcohol, glycerin, and others. By physical forms such as powders, needles, liquids, flakes, and dispersions. Further, global oleochemicals market is segmented into application such as pharmaceuticals, food & beverages, soaps & detergents, polymers, personal care, and others.
Also, Global Oleochemicals Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
Regional Analysis
The oleochemicals market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The Asia-Pacific region is the largest consumer of oleochemicals, driven by the growing demand for personal care and home care products, as well as food and beverage products. In addition, the increasing awareness about environmental sustainability and the use of bio-based products is driving the demand for oleochemicals in the region.
Market Key Players
Various key players are discussed in this report such as Emery Oleochemicals, Evyap Oleo, Cargill Inc, Solvay, BASF, Godrej Industries, Twin River Technologies, Chemical Associates Inc, Croda International, Musim Mas Group, IOI Group, Procter & Gamble Co, Du Pont, Oleon NV, KLK Oleo and Wilmar International.
By Taxonomy
By Type
• Fatty Acids
• Fatty Alcohol
• Glycerin
• Others
By Physical Form
• Powders
• Needles
• Liquids
• Flakes
• Dispersions
By Application
• Pharmaceuticals
• Food & Beverages
• Soaps & Detergents
• Polymers
• Personal Care
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Oleochemicals Market TOC:
1. Executive Summary
1.1. Market Taxonomy
2. Global Oleochemicals Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Oleochemicals Market Snapshot
5. Global Oleochemicals Market Analysis, By Type
5.1. Y-o-Y Growth Comparison, By Type
5.2. Global Oleochemicals Market Share Analysis, By Type
5.3. Global Oleochemicals Market Size and Forecast, By Type
5.3.1 Fatty Acid
5.3.2 Fatty alcohol
5.3.3 Glycerin
5.3.4 Others
6. Global Oleochemicals Market Analysis, By Physical Form
6.1. Y-o-Y Growth Comparison, By Physical Form
6.2. Global Oleochemicals Market Share Analysis, By Physical Form
6.3. Global Oleochemicals Market Size and Forecast, By Physical Form
6.3.1 Powders
6.3.2 Needles
6.3.3 Liquids
6.3.4 Flakes
6.3.5 Dispersions
7. Global Oleochemicals Market Analysis, By Application
7.1. Y-o-Y Growth Comparison, By Application
7.2. Global Oleochemicals Market Share Analysis, By Application
7.3. Global Oleochemicals Market Size and Forecast, By Application
7.3.1 Pharmaceuticals
7.3.2 Food & Beverages
7.3.3 Soap & Detergents
7.3.4 Polymers
7.3.5 Personal Care
7.3.6 Others
8. Global Oleochemicals Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Oleochemicals Market Share Analysis, By Region
9. North America Oleochemicals Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Oleochemicals Market Analysis, By Type
9.3 North America Oleochemicals Market Analysis, By Physical Form
9.4 North America Oleochemicals Market Analysis, By Application
9.5 North America Oleochemicals Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Oleochemicals Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Oleochemicals Market Analysis, By Type
10.3 Europe Oleochemicals Market Analysis, By Physical Form
10.4 Europe Oleochemicals Market Analysis, By Application
10.5 Europe Oleochemicals Market Analysis, By Country
10.5 .1 Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Oleochemicals Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Oleochemicals Market Analysis, By Type
11.3 Asia Pacific Oleochemicals Market Analysis, By Physical Form
11.3 Asia Pacific Oleochemicals Market Analysis, By Application
11.4 Asia Pacific Oleochemicals Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Oleochemicals Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Oleochemicals Market Analysis, By Type
12.3 Latin America Oleochemicals Market Analysis, By Physical Form
12.4 Latin America Oleochemicals Market Analysis, By Application
13. Middle East & Africa Oleochemicals Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East & Africa Oleochemicals Market Analysis, By Type
13.3 Middle East & Africa Oleochemicals Market Analysis, By Physical Form
13.4 Middle East & Africa Oleochemicals Market Analysis, By Application
14. Competition Analysis
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Emery Oleochemicals
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Evyap Oleo
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financial
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Cargill Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financial
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Solvay
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financial
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 BASF
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financial
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Godrej Industries
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financial
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Twin River Technologies
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financial
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Chemical Associates Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financial
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Croda International
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financial
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Musim Mas Group
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financial
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
Others
15.11 IOI Group
15.12 Procter & Gamble Co
15.13 Du Pont
15.14 Oleon NV
15.15 KLK Oleo
15.16 Wilmar International